For Investors

Now is the time to Invest in the Seattle Real Estate Market

Opportunity is knocking at your back door. Take advantage of your strong currency, low interest rates and a buyer’s market to invest in one of the best real estate markets in the states.

What makes the Seattle Real Estate Market a great place to invest?

 With the recent sub-prime mortgage fall out and the volatile stock market housing prices across the country have come down. While there has been a shift to a buyers market, homes in Seattle and the surrounding areas are still appreciating at about five to six percent a year. With over 60,000 people moving to the Seattle area every year thanks to our strong employers such as Microsoft and Boeing this is the perfect place to invest in real estate. 

Rentals are in Demand 

Due to an increasing number of apartments converting to condo's there is a high demand for rental properties in the area. As an absentee owner the maintenance of your home is of critical importance. I can recommend excellent management companies who will not only assist you renting your property, but will take care of every aspect ... from screening potential tenants to collecting the rent.

What type of financing is available?

Foreign investors are usually required to find a minimum of 20-25% deposit. Fannie-Mae guidelines apply to Canadian buyers and therefore they can purchase with as little as 10% down. Various loan programs are on offer but can change according to the indexes they are tied to. Interest rates are falling and the primary lenders are still lending to foreign nationals. We can put you in touch with independent financial advisors who will be able to

answer any questions

*The Canadian Dollar, The British Pound and The Euro are at 15 year highs against the US Dollar, reducing the cost of these properties even further for foreign buyers, interest rates are low and are set to fall even lower

For more information please call or email Samir Haj at 206.227.9785 or samh@windermere.com